Draper

A music festival in Draper? It’s under consideration at The Point

A music festival in Draper? It’s under consideration at The Point

The Wasatch Front could have a new music festival venue in the near future if a local committee agrees to create it.  In early July, members of the Point of the Mountain State Land Authority (POMSLA) voted unanimously to approve a conceptual campus application for a...

First projects at The Point to add apartments, retail, entertainment

First projects at The Point to add apartments, retail, entertainment

Years of planning for a sweeping redevelopment effort in Draper could make way for vertical construction later this year.  Horizontal construction at The Point — the state’s massive redevelopment effort of over 600 acres on the former Utah State Prison site — first...

Investors accuse Colliers of fraud in Utah investment scheme

Investors accuse Colliers of fraud in Utah investment scheme

One of the largest commercial real estate firms in the state was recently named in a lawsuit accusing brokers of misleading elderly investors and violating securities laws.  The lawsuit, filed in Utah’s federal court in early March, accuses Colliers and other...

Checking in on the office market: A passing storm or the new normal?

Checking in on the office market: A passing storm or the new normal?

As the woes of the office market continue to populate CRE headlines nationwide, cut-rate building sales and 25% availability rates are raising fewer eyebrows these days. When we last reported on the Salt Lake City metro market’s performance a year ago, vacancy rates...